U.S. polymer-grade propylene prices edged lower on Wednesday, slipping to 34.50–35.00 ¢/lb FD US Gulf, down by roughly 0.05 ¢/lb from Tuesday, while refinery-grade spot held steady at 31.50–32.00 ¢/lb FD US Gulf, unchanged. A market participant, speaking anonymously, explained: “Spot PGP prices fell due to a weak trading momentum, mirroring subdued demand sentiments. Looking ahead, an anticipated […]
Advanced Petrochemical Co., through its subsidiary Advanced Polyolefins Industry Co. (APOC), has officially begun commercial operations at its new propane dehydrogenation (PDH) and polypropylene (PP) facilities in Jubail Industrial City, Saudi Arabia. The PDH unit, converting propane to propylene, boasts a nameplate capacity of 843,000 tonnes per year, while the two PP plants have a combined […]
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